Question 1 Below are the opening and closing balances of Sweet Dreams Enterprise, a trader at the night market for year 2017 and 2018: As at 31.12.2017 As at 31.12.2018 Van - GH18,000 Van (net of depreciation) - GH15,000 Furniture - GH5,400 Furniture (net of depreciation) - GH4,800 Trade Receivables - 12,300 Trade Receivables - GH18,600 Inventories GH9,000 Inventories GH11,400 Cash & Bank GH15,000 Cash & Bank - GH23,400 Trade Payables - GH3,600 Trade Payables - GH5,400 Loan from Kaya - GH10,500 Loan from Kaya - GH6,000 Drawings - GH15,600 Madam Abowoso the owner of sweet dreams Enterprise wants to determine the amount of profit or loss she made in 2018